TELUS International (Cda) (NYSE:TIXT – Get Free Report) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share guidance of 0.390-0.440 for the period, compared to the consensus earnings per share estimate of 0.950. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.8 billion. TELUS International (Cda) also updated its FY24 guidance to $0.39-0.44 EPS.
Analyst Ratings Changes
TIXT has been the topic of a number of analyst reports. BMO Capital Markets reduced their target price on shares of TELUS International (Cda) from $9.50 to $7.50 and set a market perform rating on the stock in a research note on Friday, May 10th. Robert W. Baird reduced their target price on shares of TELUS International (Cda) from $10.00 to $9.00 and set a neutral rating on the stock in a research note on Friday, April 19th. Canaccord Genuity Group reduced their target price on shares of TELUS International (Cda) from $16.50 to $16.00 and set a buy rating on the stock in a research note on Tuesday, May 7th. William Blair downgraded shares of TELUS International (Cda) from an outperform rating to a market perform rating in a research note on Friday. Finally, Barclays reduced their target price on shares of TELUS International (Cda) from $9.00 to $7.00 and set an equal weight rating on the stock in a research note on Monday, May 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, TELUS International (Cda) presently has an average rating of Hold and a consensus target price of $11.21.
View Our Latest Analysis on TELUS International (Cda)
TELUS International (Cda) Stock Down 36.0 %
TELUS International (Cda) (NYSE:TIXT – Get Free Report) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.03). TELUS International (Cda) had a return on equity of 11.67% and a net margin of 2.54%. The firm had revenue of $652.00 million for the quarter, compared to analyst estimates of $682.32 million. During the same quarter last year, the firm earned $0.16 EPS. The company’s revenue was down 2.2% on a year-over-year basis. Analysts predict that TELUS International will post 0.95 EPS for the current fiscal year.
About TELUS International (Cda)
TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.
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